BELIZE DOES NOT HAVE A BALANCED BUDGET LAW!

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BELIZE DOES NOT HAVE A BALANCED BUDGET LAW

Belize has been in debt constantly throughout the history of the country, since independence was granted from the U.K., by the United Nations in 1982.

The nepotistic, robber baron type of party patronage politics has always spent the FUTURE tax revenues any new government expects to collect in advance, by borrowing abroad. Currently Belize owes all it's revenues going out about 30 years.

It is interesting to read of BALANCED BUDGET STATES in the USA, that MUST only spend what they take in.